It is not often that a company like Facebook, which reported revenue growth of 35% to $29 billion in the three months ending in September, with profits rising 17% to $9.2 billion, can be said to be in trouble. But Facebook is in trouble. During this week’s earnings call with …
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It’s not been a great week for Facebook. What began in the UK with a glowing piece on Dr. Priscilla Chan, aka Mrs. Mark Zuckerberg, with a shoot on the cover of a Sunday newspaper supplement, was followed by a kicking from a former-employee-turned-whistleblower in front of a key parliamentary …
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During Facebook’s third-quarter earnings call on Monday, Zuckerberg told investors that the ongoing spate of reportage based on leaked documents from whistleblower Frances Haugen and others was not “good-faith criticism.” He claimed that the news coverage did not reflect the company’s efforts to curb hate speech and disinformation, noting that …
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The emergence of all-too-perfect whistleblower Frances Haugen, backed by a bevy of PR valkyries declaring Facebook a profit-seeking hive of hate, might suggest to some that the social network’s goose is cooked. But while the government and censor-happy NGOs delusionally battle over how best to carve up Facebook’s carcass, CEO …
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The parent company of Facebook, which owns the social media network and other services, such as WhatsApp and Instagram, may soon have a new name. The looming rebranding was reported by The Verge this week. The outlet speculates that the corporation wants to have a name that includes the word …
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“I just added Mark Zuckerberg as a defendant in my lawsuit against Facebook,” Racine declared on Twitter, claiming that his “continuing investigation” has revealed Zuckerberg “was personally involved in decisions related to Cambridge Analytica and Facebook’s failure to protect user data.” “This lawsuit is about protecting the data of half …
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The rebranding may be announced on October 28 during the annual Connect conference or even sooner, according to the Verge. The outlet compares the looming switch to how Google renamed its parent company Alphabet in 2015 to stress that it is more than a search engine showing its users some …
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The NGOs called the Center for Technology and Civic Life (CTCL) and The Center for Election Innovation and Research (CEIR) claim they are working to make democracy stronger, more secure, and better at engaging civic participation in polling. A new analysis of the 2020 election argues that the nonprofits are …
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I don’t really want to defend Zuckerberg, or the machine for surveillance and monetization of private information he has built under the guise of a social network. For hundreds of millions of people across the world, Facebook, Instagram and WhatsApp – all of which his company owns – are the …
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The CEO of Facebook posted a lengthy reaction to this week’s outage of company services and the congressional testimony of Frances Haugen, a former Facebook product manager who accused the company of various sins, including putting profit before the safety of children. Much of the essay was a rejection of …
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